Symphonic Deposit

Symphonic Deposit with interest rates payable at the end of the deposit term

Minimum amount	Annual interest rates by deposit term
	91 - 180 days	181 - 365 days	366 -545 days	546 - 730 days	731 - 1095 days
AMD 200,000	6.25 %	8.25 %	9.75 %	10.25 %	10.75 %
USD 500	2.25 %	3.25 %	4.25 %	4.75 %	5.25 %
Euro 500	1.25 %	1.75 %	2.25 %	2.75 %	3.25 %
RUB 30,000	5.25 %	5.75 %	6.25 %	-	-

1. Deposits are accepted from individuals and legal entities at all Bank branches and offices.
2. The customers having put their money in Symphonic Deposit should transfer at least 0.25 percentage points of their future deposit yield as financial support to the account of the Foundation for Support of the Armenian State Symphony Orchestra.
3. In the case interest rates are payable on a regular (monthly, quarterly, semi-annual and annual) basis, the deposits denominated in AMD will be paid at the interest rate 0.5% lower than the one indicated in the above scale, while for deposits denominated in USD, Euros and RUB, an interest rate 0.25% lower than those indicated in the above scale will be applied.
4. Depositors can replenish (increase) their Deposit amount starting AMD 200,000, USD 500, Euro 500 or RUB 30,000 as the minimum amounts. In the case of deposits allowing customers to increase the initial amounts, for AMD-denominated deposits the Bank will apply 0.5% lower, and for  deposits in USD, EURO and RUB  0.25% lower interest rates than those indicated in the above interest rate scale. The total amount of all additionally deposited sums should not exceed the initial deposit amount. During the last 3 (three) months of the deposit agreement no replenishment is allowed.
5. No premature partial withdrawal is allowed.
6. In case of premature termination by the depositor of the deposit agreement the Bank will re-calculate the interest yield (while the interest yield transferred to the Foundation for Support of the Armenian State Symphony Orchestra will remain unchanged) on the basis of the interest rates as follows:

Deposit currency	Annual interest rates by deposit term
	Up to 365 days	366 - 1095 days
AMD	0.5 %	8.5 %
USD	0.1 %	3.5 %
Euro	0.1 %	1.5 %
RUB	0.1 %	5 %

Additional Conditions

1. If the depositor is a citizen of the Republic of Armenia, the Bank can provide a payment card without charging an annual service fee.
2. Types of the payment cards according to the deposit amounts are indicated below:

For Symphonic Deposit

Deposit currency /Card type	Visa Classic	Visa Gold	VISA Infinite
AMD	500,000 – 25,000,000	25,000,000 –50,000,000	50,000,000 and over
USD	1,000 – 50,000	50,000 – 100,000	100,000 and over
EUR	1,000 – 40,000	40,000 –  100,000	100,000 and over
RUB	60,000 – 3,000,000	3,000,000 – 7,000,000	7,000,000 and over

• In case of expiration of the deposit term or premature termination by the depositor of the deposit agreement, the payment card will be serviced as earlier, without charging the annual service fee up to the end of the payment card service term except for the Visa Infinite payment cards issued in relation to the deposit amount.
• In case of premature termination of deposit agreement by Visa Infinite card holders or expiration of deposit agreement term, Visa Infinite cards issued for deposit amounts will be closed or if wished by the customer, be serviced according to the tariffs and rates effective at that specific moment.